Please do not give solution in image format thanku The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production.ACCOUNT Work in Process-Baking DepartmentDateDec.Item1 Bal., 8,100 units, 4/5 completed31 Direct materials, 145,800 units31 Direct labor31 Factory overhead31 Goods finished, 147,600 units31 Bal., ? units, 4/5 completedTotalDebitInventory in process, December 1Started and completed in DecemberTransferred to finished goods in DecemberInventory in process, December 31218,70065,48036,832Credit312,894ACCOUNT NO.BalanceDebita. Determine the number of units in work in process inventory at December 31.units4,860223,560289,040325,87212,97812,978b. Determine the equivalent units of production for direct materials and conversion costs in December. If an amount is zero, enter in "0".Baking DepartmentEquivalent Units of Production for Direct Materials and Conversion CostsFor DecemberCreditEquivalentDirect Materials Units ConversionWhole Units Equivalent Units

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Description: Please do not give solution in image format thanku The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production.ACCOUNT Work in Process-Baking Departmen

The equivalent units are the units that are finished during the period. The cost per equivalent unit…

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The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO. Date Dec. Item Debit Credit 218,700 65,480 36,832 1 Bal., 8,100 units, 4/5 completed 31 Direct materials, 145,800 units 31 Direct labor 31 Factory overhead 31 Goods finished, 147,600 units 31 Bal., ? units, 4/5 completed a. Determine the number of units in work in process inventory at December 31. Balance 312,894 Debit 4,860 223,560 289,040 325,872 12,978 12,978 Credit

The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO. Date Dec. Item Debit Credit 218,700 65,480 36,832 1 Bal., 8,100 units, 4/5 completed 31 Direct materials, 145,800 units 31 Direct labor 31 Factory overhead 31 Goods finished, 147,600 units 31 Bal., ? units, 4/5 completed a. Determine the number of units in work in process inventory at December 31. Balance 312,894 Debit 4,860 223,560 289,040 325,872 12,978 12,978 Credit

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 14E: Cost per equivalent unit The following information concerns production in the Forging Department for...

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Dublin Brewing Co. uses the process cost system. The following data, taken from the organizations books, reflect the results of manufacturing operations during October: Production Costs Work in process, beginning of period: Costs incurred during month: Production Data: 13,000 units finished and transferred to stockroom Work in process, end of period, 2,000 units one-half completed Required: Prepare a cost of production summary for October.
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